ACCU prices re-tested year-to-date (YTD) highs last week as spot volumes surged to a 6-month high on renewed compliance demand. Seasonal compliance flows are now in full effect as covered entities finalise their annual liability numbers ahead of the FY25 NGERs reporting deadline on October 31st, with a burst in spot activity accompanied by method specific OTC forward activity and positioning around key tenors.
Notably, analysis indicates that YTD spot volumes reported under RepuTex’s daily survey panel market engagement process are now 20% higher than the equivalent period in 2024, while total traded volumes (inclusive of derivatives) have surpassed 32 million, 27% ahead of the same time last year.
RepuTex’s Carbon Weekly report breaks down activity in the Australian exchange-traded and OTC carbon markets (spot and derivatives) over the past week, including key trends and drivers, our latest pricing and benchmarks, and our daily forward curves.
